PCB Partners advises Accenture on the acquisition of Mudano, a strategic data consultancy to U.K. financial services firms.

February 2020

Accenture (NYSE: ACN) has entered into an agreement to acquire Mudano, a specialist data consultancy serving financial services organisations across the U.K. The transaction will further expand Accenture’s capabilities in analytics, data and artificial intelligence (AI)-driven transformation. Financial terms of the transaction were not disclosed.

Mudano’s team of data specialists will become part of Accenture’s Applied Intelligence business, a global practice of more than 20,000 professionals dedicated to helping clients scale AI solutions, including approximately 6,000 data scientists, data engineers and AI experts. Mudano’s sector-focused data advisory capabilities and technology-led solutions will complement Accenture’s existing strengths, enhancing the firm’s ability to help clients deliver measurable outcomes and generate stronger returns from large-scale transformation initiatives.

About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 482,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.

About Mudano
Mudano is a data and machine learning business focused exclusively on the financial services sector. Headquartered in London, Mudano provides data solutions and consulting services to help financial services firms transition to an AI-powered future. Its unique combination of data expertise, AI research, industry knowledge and market access keeps Mudano at the forefront of that movement.